8, COLNE ROAD, BARROWFORD, NELSON, BB9 6JQ - £245,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 COLNE ROAD is a midsized extended detached house of 139m², built sometime between 1950 and 1966. It was last sold for £245,000 in June 2014, which was around 51% above the average June 2014 detached price in the Pendle local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was C.

8 COLNE ROAD Sold Prices

Land registry data shows two sales for 8 COLNE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Pendle local authority area for the corresponding sale date. Both of the two 8 COLNE ROAD sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2014 16 JUN	£245,000	£162,423	51% above HPI
2001 16 MAR	£100,000	£63,247	58% above HPI

8 COLNE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Pendle local authority area over time, sourced from the HPI. The two 8 COLNE ROAD sales from March 2001 and June 2014 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2001 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the June 2014 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is 8 COLNE ROAD?

8 COLNE ROAD is 139m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the largest 50% of detached houses in Barrowford, based on EPC data. The below chart shows the distribution of detached houses by size in Barrowford, and where 8 COLNE ROAD lies on this distribution: 59% of detached houses are smaller than 8 COLNE ROAD, and 41% of houses are larger. Note that EPC data is not available for all properties in Barrowford.

8 COLNE ROAD: Plot and Title Map

8 COLNE ROAD sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 8 COLNE ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 8 COLNE ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 8 COLNE ROAD?

8 COLNE ROAD is located in BARROWFORD, in the BB9 postcode district. The below map shows the position of No. 8 on COLNE ROAD.